📌📌The trade that kills your account isn't the one you lost.
👉It's the one you were up 2-3% on, didn't move your stop, and watched bleed all the way back to red.
👉Here's the rule I don't break. The moment TP1 hits, the stop goes to entry. That's it. From that second the trade cannot hurt me anymore. Worst case I walk out flat. Best case it runs to TP2 and TP3 and I was there for all of it.
👉Nobody blows up from taking profit too early. People blow up from giving it all back.
👉Protect the capital first. The profits come from staying in the game long enough to catch the ones that run.
$BTC #RiskManagement #tradingpsychology #BinanceSquare
👉It's the one you were up 2-3% on, didn't move your stop, and watched bleed all the way back to red.
👉Here's the rule I don't break. The moment TP1 hits, the stop goes to entry. That's it. From that second the trade cannot hurt me anymore. Worst case I walk out flat. Best case it runs to TP2 and TP3 and I was there for all of it.
👉Nobody blows up from taking profit too early. People blow up from giving it all back.
👉Protect the capital first. The profits come from staying in the game long enough to catch the ones that run.
$BTC #RiskManagement #tradingpsychology #BinanceSquare
